Blown through nasdaq 7,000, were talking about s p 3,000 by the end of the year. Look how much we already moved we got a lot of milestones falling by the wayside lets get to bob pisani with some of the latest on todays action bob . This is quite an unusual week not just in the intensity and how much the s p is up, but the fact that everything seems to be working. Let me show you the winners this week and just the dow so, whatwere the two biggest losers of 2017 it was ge and ibm. Whats the two biggest movers up this week . Ge and ibm okay often get a little reversion to the mean, but two of the biggest movers in the dow last year was boeing and ibm so they had absolutely outstanding years and they, too, are up big. You get my point everything seems to be working this week. Its a little eery. Look at the major sectors today. S p up over 2 for the week. Small caps are pretty well, too. Growth is up, and value is up at the same time. Doing well thats kind of odd and even all the cyclical n
Socialising online or talking to your ai device in the home . We will get the inside track on what the worlds top digital agencies are doing with your data. And as ryanair continues to cancel 40 50 flights every day we want to know has it put you off flying with the airline . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to business live. A very warm welcome to the programme. Uk Prime Minister, theresa may, is in canada getting involved in a trade dispute between the us and canada. Why . Well, it all centres on a dispute over state subsidies that involves canadian plane firm bombardier and rival us plane maker, boeing. Today mrs may will discuss that with canadian Prime Ministerjustin trudeau. So whats going on . It all relates to canadian government subsidies. All aircraft manufacturers get money from their governments to help with the huge cost of developing new planes. But the us giant boeing says bombardiers support was against the rules and it unfairly helped the
Its missile capability without seeking permission from the International Community. One report says the country unveiled a new Ballistic Missile capable of carrying several warheads a live report coming up in a moment. Joining us now lets do it right now, joining us on the squa squawk news line from tehran is ali arouzi. Good morning reporter good morning. President rouhani after returning from the u. N. General assembly attended a massive military parade in tehran where he said iran will strengthen its missile capabilities they wont seek permission from any country to do so that is a reference to u. S. Demands that iran curb its Missile Program and to reinforce the statement the revolutionary guard during that military parade unveiled a new Ballistic Missile, which they say has a range of 1,200 miles its capable of carrying multiple warheads. As you guys are well aware, President Trump has accused iran of playing a destabilizing role in the region. But rouhani in his speech this morni
He had an obvious win on his hans and he punted and didnt take advantage of it. Nasdaq gained. 03 . Accountability at last . The money manager in question was warren buffett, and maybe the take away is that only the worlds greatest investor can afford to make a mistake. Everyone else must be too secure to do the same thing, because theyre all making them. It rapt at everything buffet said over the weekend. When he told us what hes looking at, what hes thinking, way he he is a done right and whats done wrong. He and his team, including the incredibly youthful 994yearol charlie mugger particularly the companies he plat flat out acquires wholesale. Before he go over buffets selfadmitted gaffs. This is a man who believes in america, who believes the future is brighter than the past, and he likes business es he can buy for less than best of breed companies. He can afford to take his time and get it right. Because the penalties for getting it wrong are very high. He values hard work and smar
The top 1 could see gains of up to 18 . Other americans will see an average 3. 3 gain. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Bloomberg technology is next. Emily this is Bloomberg Technology. Coming up, Silicon Valley mobilizes against the fcc with its army of tens of thousands of Tech Companies. Redick cofounder Alexis Ohanian reddit cofounder Alexis Ohanian joins us with his take on the fight for Net Neutrality. Activision blizzard announces the sale of the first franchises. The new England Patriots owner went allin. We are live in sun valley, idaho, with one of Silicon Valleys most influential voices. Sam altman joins us to discuss why he is leading the charge to find the next governor of california. First, the fight over Net Neutrality, a host of internet giants from amazon to facebook joining forces to protest the rollback of Net Neutrality rules. Earlier this year, the fcc vo